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FlexiGroup (ASX:FXL) pockets $79M from institutions as part of $140M entitlement offer – The Market Herald
Fintech company FlexiGroup (ASX:FXL) has completed the first part of its major capital raising plan today, bagging $79 million from institutional investors.
- Fintech company FlexiGroup (FXL) has completed the first part of its major capital raising plan today, bagging $79 million from institutional investors
- The company is planning to raise a total of $140 million from retail and institutional investors, with the raise underwritten to $115 million
- Under both segments of the entitlement offer, shareholders can cop one new share for every 3.2 already held at $1.14 each
- Once the new shares issued under the institutional o…
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